Form 4: Clean Harbors Executive Disposes of Shares for Tax Obligations

George L. Curtis, Executive Vice President of Clean Harbors Inc., disposed of 399 shares of common stock at $229.55 per share to cover tax liabilities related to vesting securities.

Summary

• George L. Curtis, Executive Vice President of Clean Harbors Inc. (CLH), reported a transaction involving the company's common stock.
• On July 1, 2025, Mr. Curtis disposed of 399 shares of common stock.
• The disposition was made at a price of $229.55 per share.
• This transaction was for the payment of tax liability by withholding of securities, incident to the vesting of securities, in accordance with Rule 16b3.
• Following this transaction, Mr. Curtis beneficially owns 48,664 shares of Clean Harbors common stock.
• The reported beneficial ownership includes 11 shares acquired under the Clean Harbors Employee Stock Purchase Plan on June 30, 2025.

Sentiment

Score: 6

Explanation: The transaction is a routine disposition of shares to cover tax obligations upon the vesting of equity awards, which is a common and expected event for executives receiving stock-based compensation. It does not signal any change in management's outlook or confidence in the company.

Positives

• The transaction is a routine tax withholding, indicating the vesting of previously granted equity, which is generally a positive event for the executive as it represents compensation.
• The executive continues to hold a significant number of shares (48,664), indicating continued alignment with shareholder interests.
• The acquisition of 11 shares through the Employee Stock Purchase Plan on June 30, 2025, shows continued participation in company ownership.

Negatives

• The disposition of 399 shares, while for tax purposes, represents a reduction in the executive's direct ownership.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related disposition. The executive retains a substantial holding, indicating continued alignment.
• Employees: No direct impact.
• Customers: No direct impact.
• Suppliers: No direct impact.
• Creditors: No direct impact.

Key Dates

Keywords

Clean Harbors, CLH, SEC Form 4, insider transaction, stock disposition, tax withholding, executive compensation, George L. Curtis, common stock, vesting, Rule 16b3